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<br />. <br /> <br />. <br /> <br />. <br /> <br />RESOLUTION 07-~ <br /> <br />A RESOLUTION OF THE CITY OF ELK RIVER <br /> <br />A RESOLUTION DESIGNATING THE MAXIMUM HOUSEHOLD INCOME <br />LEVEL FOR QUALIFICAT,ON FOR DEFERRAL OF SPECIAL <br />ASSESSMENTS BASED ON HARDSHIP <br /> <br />WH EREAS, Section 62-1, Deferral of Special Assessments, of the Code of Ordinances for <br />the City of Elk River, Minnesota, states that the Council shall annually <br />approve, by resolution, a maximum household income level in order to <br />qualify for deferral; and, <br /> <br />WHEREAS, the City Council has determined that the maximum household income <br />allowable in order to qualify for deferral of special assessments based on <br />hardship, assuming that.the other qualifications are also met, is as follows for <br />2007: <br /> <br />Household Size <br />1 <br />2 <br />3 <br />4 <br />5 <br /> <br />Maximum Annual Gross Income <br />$20,495 <br />$26,801 <br />$33,108 <br />$39,414 <br />$45,720 <br /> <br />NOW, THEREFORE, BE IT RESOLVED that the City Council of the City of Elk <br />River, Minnesota, that in order to qualify for deferral of assessments based on hardship in <br />2007, the above household income requirements must be met. <br /> <br />Passed and adopted this 2nd day of April 2007. <br /> <br />~~ <br /> <br />Step1l1anie I<linzing, ~r <br /> <br />AITES:CT: . <br />,~ <br />~ <br /> <br /> <br />Tina Allard, City Clerk <br />